
NEW YORK (Reuters) - U.S. stocks fell on Wednesday as a glum profit forecast from Kraft Foods (NYSE:KFT - News) signaled consumers are skimping even on the basics and investors worried that government efforts to rescue banks could wipe out their shareholders.
Even so, a report showing that the vast service sector shrank less than expected in January spurred technology gains, helping the Nasdaq finish near break-even.
Even so, a report showing that the vast service sector shrank less than expected in January spurred technology gains, helping the Nasdaq finish near break-even.
No comments:
Post a Comment